Form 4: SouthState Corp Director David G. Salyers Acquires Shares Through Restricted Share Units

Sentiment:

SEC Form 4


Director David G. Salyers acquired 1,136 shares of SouthState Corp through vested Restricted Share Units (RSUs) on May 1, 2025.

Summary

  • On May 1, 2025, David G. Salyers, a director of SouthState Corp, acquired 1,136 shares of common stock.
  • The acquisition was through the vesting of Restricted Share Units (RSUs) granted as part of the annual director fees.
  • The RSUs vested on November 1, 2025.
  • The price per share was $87.65.

Sentiment

Score: 6

Explanation: Neutral sentiment. This is a routine transaction related to director compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

  • The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

This is a standard Form 4 filing, reflecting a director's acquisition of company stock, which is a common occurrence in publicly traded companies. It provides transparency into the holdings of company insiders.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it aligns the director's interests with those of the shareholders.

Key Dates

DateDescription
05/01/2025Date of transaction: Grant of Restricted Share Units and acquisition of shares.
11/01/2025Date the Restricted Share Units vested.
05/02/2025Date of Form 4 filing.

Keywords

SouthState Corp, Director, David G. Salyers, Restricted Share Units, RSUs, Stock Acquisition, Beneficial Ownership, Form 4

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